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Author Topic: why all coins are dropping?  (Read 8520 times)
jdnthny
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June 10, 2018, 03:36:54 PM
 #821

It is normal for all the value of coins goes down and drop. But maybe one reason now why all coins are dropping because of the ban of cryptos in china and korea so maybe it is the major factor why it is dropping.

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Cindykhato
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June 10, 2018, 03:40:48 PM
 #822

any body know the reason for current drop?
I think it's a minor correction as we all know bitcoin is the barometer of all altcoins a decrease of bitcoin price will surely affects all altcoins price. Just be patient this will be temporary and it will recover in few days.
Branko
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June 10, 2018, 06:33:55 PM
 #823

Price always fall when whales want to fill their bags...they like to buy cheap.
So, just hodl and outsmart them, unless you want to risk with daytrading

harrycalik
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June 11, 2018, 10:34:13 AM
 #824

Not all coins are dropping, in any market trading there is always the ups and downs depending on possible issues like, for instance; issues on regulations on Bitcoin, in which some government still not accepting Bitcoin or any other cryptocurrency, market react on any badnews or goodnews about cryptocurrency or Altcoins.
zzohar432
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June 12, 2018, 07:45:17 AM
 #825

in my mind, Almost all the coins are linked or connected in Bitcoin and Ethereum because these two giant coin compilations pump and alter all Altcoin and pump and make them fall into the same path.This is because the exchange rate using Altcoin is via Bitcoin or Ethereum and not through any currency
Tengcreneng
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June 12, 2018, 08:04:05 AM
 #826

All coins fall due to the falling price of bitcoin. In crypto, bitcoin is used as a benchmark for their development. Altcoins will always follow the direction of the bitcoin rate because here the bitcoin as the father of the crypto. While the bitcoin fell because of several factors that effect, one of which is the rise in sales and declining demand. Because of the imbalance it then causes bitcoin to fall and all altcoins also fall.
Bigbay
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June 12, 2018, 08:13:13 AM
 #827

In my opinion, Bitcoin contribute to the rise and fall of alk child cryptocurrency but here comes a question."why do some altcoins fall even wen bitcoin and Ethereum are rising"? Because have seen this happen several times.
Can someone explain this?
nwanne
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June 12, 2018, 08:27:37 AM
 #828

Crypto market will always go up and down that's what makes it unique, it is a market where demand meets supply, when much people are buying the prices go up and when much people are selling the prices will drop. so market will always go up and down.

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Lilandra2006
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June 12, 2018, 08:30:24 AM
 #829

Prices collapsed the day before yesterday in connection with hacking at the stock exchange and checking for some US stock exchanges for violations in trading operations with bitcoin. Prices fell practically 10-12% during the day. Such a powerful impact on the crypto currency was not in 2 months.

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CryptoDouche
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June 12, 2018, 08:35:43 AM
 #830

It's a perfect time to get solid coins on sale. Lot's of alts probably gonna moon next month.
dekleni
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June 12, 2018, 08:39:56 AM
 #831

any body know the reason for current drop?

because people start to panic with declining prices. so people on selling all its bitkoin. fear of useless again in the future .
kelincrad
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June 12, 2018, 09:25:44 AM
 #832

Everything is interconnected. If Bitcoin falls, and with it falling alcony. I think that it is best to direct their investments to bitcoin. He's been through so many falls but still remains king.
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June 13, 2018, 09:51:32 AM
 #833

The Chinese government is about to close exchanges and ban bitcoin transactions, and China's trading volume is huge for the world's bitcoin exchanges.


it could also be because of such factors, China and Korea are very big for the business of Bitcoin in terms of its finances. They also have a lot of very famous Exchange like Kucoin and Bithumb.

it could also be due to the fact that Bitcoin has a price decline, so Altcoins is also scared so they go down the price.
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June 13, 2018, 01:21:49 PM
 #834

Just now there are too many pressure factors on the cryptocurrency market. I think by the end of the year it settles in. And of the pressures you can take at least ICO, a lot of them, all with different percentages of success, and some even scammers
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June 13, 2018, 01:47:59 PM
 #835

Digital money does not have real price indicators, unlike stocks, oil or gold. On "bear" market, even minor news can provoke a collapse, the good ones do not produce any effect.

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Branko
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June 13, 2018, 05:37:23 PM
 #836

Whales want to buy cheap, also lower prices will draw more sheep
to repeat cycle of stripping naive and greedy people of their possessions

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June 13, 2018, 05:48:05 PM
 #837

Because the price of major coins such as bitcoin and idrop fall down! Hence all the violas will go down! All violas are very much dependent on the bitcoin and Ethereum exchange rate! And it all depends on how bitcoin behaves!

lalaland97cute
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June 14, 2018, 04:33:14 AM
 #838

many altcoin dropping because its main coin is bitcoin also dropping, this is probably because of the many people who sell their coins in the market so that stock so much. Smiley Smiley
nicolesalv
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June 14, 2018, 04:40:11 AM
 #839

any body know the reason for current drop?

I think it is because the bitcoin and ethereum which ia the base of cryptocurrency were also dropping. As I always notice when this two were dropping all coins also were dropping. And also I think because the cryptocurrency market.

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Bosmuda
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June 14, 2018, 04:47:43 AM
 #840

Peoples are selling and huge investor seems sell most of their coins that is why the price dropped. Its a very common things in the markets, you need to get used to it.

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